TransColorado Gas Transmission Company

Original Volume No. 1

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Effective Date: 12/05/1996, Docket: CP90-1777-009, Status: Effective

Original Sheet No. 49 Original Sheet No. 49 : Superseded

 

GENERAL TERMS AND CONDITIONS

(Continued)

(vi) Whether the bidding Shipper will accept pro rata

allocation of capacity and the minimum amount of

capacity the bidding Shipper is willing to accept.

(vii) Whether the bidding Shipper is the pre-arranged

Shipper.

 

(b) A pre-arranged Shipper must post its bid for the capacity on

TransColorado's EBB. If the pre-arranged Shipper fails to

post its bid, the capacity will not be awarded to the pre-

arranged Shipper.

(c) The identity of any bidding Shipper shall be kept

confidential. However, the amount of each bid received by

TransColorado during the bid period will be posted on

TransColorado's EBB.

(d) A bidding Shipper may not bid a reservation charge less than

the minimum reservation charge nor more than the maximum

reservation charge specified by the tariff, nor may the

volume or the term of the bid exceed the maximum volume or

term specified by the releasing Shipper.

(e) A bidding Shipper submitting a contingent bid must notify

TransColorado and the releasing Shipper, through

TransColorado's EBB, when all contingencies have been met.

(f) A bidding Shipper may withdraw its bid prior to the end of

the bidding period. However, once a bid is withdrawn, the

bidding Shipper may not submit a new bid for that released

capacity at a lower rate. The bidding Shipper may resubmit

a bid for the released capacity only at a rate and term that

will result in a higher present value than the withdrawn

bid.

(g) A bid may not be withdrawn after the close of the bid

period.

 

6.13 Awarding of Released Capacity - Released capacity shall be awarded

by the following procedures.

(a) Temporarily released capacity shall be awarded to the

bidding Shipper that makes the best offer based on the

criteria specified by the releasing Shipper or the present

the present value formula defined below.